PW:
Borders Group announced earlier today that Greg Josefowicz will retire as chairman, president and CEO by the end of fiscal 2007, which ends Feb. 3, 2008. Josefowicz joined Borders in November 1999 as president and CEO and was promoted to chairman in 2002. Josefowicz, 53, gave no reason for his decision to step down.
Borders is in play.
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